Stepping down after arguments over strategy, the bank prepares its search for his successor. Morning, under one hour until the start of cash equity trading. Equity markets under pressure. The futures picture shows relief. Ftse futures up 0. 4 . U. S. Futures point to the upside, up 0. 8 . Global stocks up 12 in november, the biggest monthly gain on record. Lets not forget that will me think about the losses yesterday and the rally he will maybe see today. Greens what we see now, a picture and it comes to the asian stock markets. Data from to take asia whether chinese or korean on the factory side. Be taking aems to turn for the better. In china a decade high for chinese manufacturing. Up on thed enthusiasm, and commodities in focus. Oil prices moving to the downside for a third day. No deal yet on opec and opecplus, and their plans for january. That will be a focus on thursday. Lets get a first word news of eight. Laura president elect joe biden has chosen janet yellen as his treasury
Worsening Downside Risk. Raphael bostic knows joblessness seems to be flattening plateauing at a high level. Netflix plunges on disappointing subscriber forecasts. The Group Announces its chief content officer will join Reed Hastings as joint ceo. Just under an hour ago to the start of cash equities trading. With have a look at what is going on on futures market, a little bit of upside for European Equity markets and u. S. Markets for when we get to the u. S. Trading day. ,eep an eye on nasdaq features quite robust, up around 7 10 of 1 despite afterhours negativity around netflix, contained to just a netflix story, not anything broader about the tech sector. Weve had pleasing reports but they havent always been accompanied. Rising share prices is an interesting dynamic to discuss. Getting some numbers from electrolux, recovering faster than predicted. The numbers look to be broadly in line with estimates. Coming up, speaking to the ceo. The ceo will be joining us later on, jonas samuel
Shinzo abe announces a package with 240 billion. Will europe follow suit . Anna another luxury buyout . Kering has talks on a deal with montclair. In search of consensus, oil eases ahead of todays opec meeting after the biggest surge in over two months. We await the pricing of saudi aramcos ipo. Matt i am looking first and foremost at the pound as i pull up my worksheet this morning, i. Oticed another spike today this is the threeday chart. It looks like markets are getting more confident in conservative victory in the upcoming election, just a little over one week from now. Take a look at the futures in europe. We have trade optimism that started this time yesterday after a Bloomberg School saying the u. S. And china are closer to a phase one deal than the rhetoric would lead you to believe. The japanese stimulus witching , daxes up both in europe futures up 0. 2 , but the futures up 0. 2 as well, and in the u. S. U. S. Futures, green arrows. Dow jones, s p 500 many contracts in the g
Boris johnson seeks a december election and it is thrown into doubt as Jeremy Corbyn requests no deal brexit thrown out first. The eu decision on an extension is set to be delayed. A warning from barclays. The Bank Confirms its 2019 profit target, but jes staley tells bloomberg the outlook will be a challenge from here. Currenten the interestrate view across europe and the u. K. , now the u. S. As well and if we have economic profits, we need to put some caution against the 10 target for 2020. Anna and shipping costs invite. Drop as ares quarterly profit decline due to sameday delivery. Jeff bezos says it is a longterm plan. Good morning. Matt good morning. Lets take a look at futures this morning after amazon came a push forets say investment and growth over profits. The first time in two years we have seen profits drop over two years. Dax futures unchanged. As our ftse futures. Cap futures rising a little bit. No real indication as to what kind of day we will have an terms of futures
Welcome to bloomberg surveillance. I am anna edwards in the city of london. Lets start with a check on the markets. This is how we are doing on the stoxx 600. We did either side of the flat line trading and we are losing around. 1 . A little of performance coming through in the london market as you might expect when you have Oil Prices Going higher by 2. 2 because of the tensions between the u. K. And around in the strait of hormuz. That is the focus for oil traders and they are pushing out some of the oil related businesses listed in london. S p futures point higher. We are a little range bound on these Global Equity markets looking for guidance, looking for the continuation of the equity story. That will come later on this week. Earnings reports from the baking sector. Going to be a lot to talk about. We will be looking for the ecb and the Interest Rate decisions have to make. A little bit later on, mervyn king is going to be joining the bloomberg team. Dont miss that conversation. A